Olympic Steel, Inc. has entered into an agreement with Ryerson Holding Corporation under which Olympic Steel will merge with a wholly owned subsidiary of Ryerson. Upon completion of the transaction, Olympic Steel will become a wholly owned subsidiary of Ryerson. The agreement includes customary closing conditions, such as approvals from both companies' shareholders, effectiveness of Ryerson's registration statement, and the absence of any material adverse effects on either company. The transaction is not subject to a financing condition.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olympic Steel Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-032436), on October 30, 2025, and is solely responsible for the information contained therein.